Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.015%
Price spread now: Backpack against Injective+2.534%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.117%−$212 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Backpack is 2.534% dearer against Injective than usual: you sell high and buy low: +$253 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −2.117%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LTC/USDC PERP | 58.730 | 0.0033 | pay 0.0004% / 1h | 48m 37s | $5K | $22K | 12x |
| Short | Backpack LTC_USDC_PERP | 60.218 | 0.0100 | get 0.0013% / 1h | 48m 37s | $152K | $279K | 10x |
Injective LTC/USDC PERP
Backpack LTC_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14
- Price spread: +2.534% → 0.000%
- $253.36
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $257.34
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Backpack: live order book, 10 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 10 min ago | 0.08 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LTC on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX LTC/USD [ETH-USDC] | L −0.0303% / S +0.0418% | 1h | 60.229 | +2.553% | $109K | — | 200x | as long as short |
| Polymarket Perps LTC-USD | −0.0229% | 1h | 60.173 | +2.457% | $79K | $397K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.265 | +2.614% | $339K | $4.4M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 60.262 | +2.609% | $683K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 60.234 | +2.560% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0018% | 8h | 60.244 | +2.579% | $3.5M | $2.6M | — | as long as short |
| Injective LTC/USDC PERPlong | +0.0033% | 1h | 58.730 | long leg | $5K | $22K | 12x | |
| Lighter LTC | +0.0096% | 1h | 60.227 | +2.549% | $951K | $1.6M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.230 | +2.554% | $13K | $188K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.219 | +2.535% | $14K | $10K | 20x | as long as short |
GMX LTC/USD [ETH-USDC]
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Lighter LTC
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LTC-PERP | +0.0100% | 1h | 60.245 | +2.580% | $264K | $333K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 60.287 | +2.651% | $36.6M | $24.8M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.257 | +2.600% | $2.6M | $2.5M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.232 | +2.558% | $527K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.223 | +2.543% | $89.5M | $228.8M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.210 | +2.520% | $76.1M | $59.9M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.230 | +2.554% | $26.6M | $74.4M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.230 | +2.554% | $12.4M | $21.6M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.230 | +2.554% | $56.0M | $35.1M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.230 | +2.554% | $18.1M | $12.9M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.240 | +2.571% | $32.0M | $22.4M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 60.220 | +2.537% | — | $38.2M | — | as long as short |
| Backpack LTC_USDC_PERPshort | +0.0100% | 1h | 60.218 | +2.534% | $152K | $279K | 10x | |
| edgeX LTCUSDC | +0.0100% | 4h | 60.384 | +2.816% | $41K | $374K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.412 | +2.865% | $336K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.310 | +2.690% | $102K | $717K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.310 | +2.690% | $17K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.240 | +2.571% | $161 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.210 | +2.520% | $1.9M | $5.0M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.250 | +2.588% | $21.4M | $8.9M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.209 | +2.518% | $668K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.212 | +2.524% | $460K | — | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 60.260 | +2.605% | $4.7M | $12.1M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0297% | 1h | 60.261 | +2.607% | $6.7M | $6.2M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 60.221 | +2.538% | $8K | — | 25x | as long as short |
| dYdX LTC-USD | +0.0377% | 1h | 60.239 | +2.570% | $423K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 60.380 | +2.809% | $1.1M | $2.3M | 50x | as long as short |
Nado LTC-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDT
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
BloFin LTC-USDT
Kraken Futures PF_LTCUSD
Reya LTCRUSDPERP
dYdX LTC-USD
Coinbase International LTC-PERP-INTX